2022
Flag  
GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
 GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC 
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186

About

Guatemala-Argentina Trade: In 2022, Guatemala exported $5.55M to Argentina. The main products that Guatemala exported to Argentina were Pesticides ($1.83M), Rubber ($772k), and Sowing Seeds ($670k). Over the past 5 years the exports of Guatemala to Argentina have increased at an annualized rate of 12.1%, from $3.13M in 2017 to $5.55M in 2022.

In 2022, Guatemala did not export any services to Argentina.

Argentina-Guatemala Trade: In 2022, Argentina exported $347M to Guatemala. The main products that Argentina exported to Guatemala were Delivery Trucks ($140M), Soybean Oil ($73.2M), and Cars ($32.7M). Over the past 5 years the exports of Argentina to Guatemala have increased at an annualized rate of 14.9%,  from $151M in 2017 to $347M in 2022.

In 2022, Argentina did not export any services to Guatemala.

Comparison: In 2022,  Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guatemala exported $5.55M to Argentina. The main products exported from Guatemala to Argentina were Pesticides ($1.83M), Rubber ($772k), and Sowing Seeds ($670k). During the last 5 years the exports of Guatemala to Argentina have increased at an annualized rate of 12.1%, from $3.13M in 2017 to $5.55M in 2022.

In 2017, Argentina exported $347M to Guatemala. The main products exported from Argentina to Guatemala were Delivery Trucks ($140M), Soybean Oil ($73.2M), and Cars ($32.7M). During the last 5 years the exports of Argentina to Guatemala have increased at an annualized rate of 14.9%, from $151M in 2022 to $347M in 2017.

Exports from Guatemala (Flag) to Argentina (Flag) (2022)

Exports from Argentina (Flag) to Guatemala (Flag) (2022)

Latest Data

Trade between Guatemala (Flag) and Argentina (Flag)

Guatemala Exports

Argentina Exports

Market Competitiveness

Color
Guatemala
Top Destination
United States$5.23B
Argentina
Top Destination
Brazil$12.6B

This map shows whether countries import more from Guatemala or Argentina. Each country is colored based on the difference in imports they receive from Guatemala and Argentina or the difference in the growth in imports.

In 2022, countries that imported more from Guatemala than Argentina included El Salvador ($2.03B), Honduras ($1.58B), and Nicaragua ($1B).

In 2022, countries that imported more from Argentina than Guatemala included Brazil ($12.6B), China ($8B), and Chile ($5.11B).

Difference in imports from Argentina (Flag) and Guatemala (Flag) (2022)

Comparative Advantage Guatemala - Argentina

Flow
Scale

This chart compares trade between Guatemala and Argentina by product, considering products traded by both, Guatemala and Argentina.

During 2022, Guatemala had a large net trade with Argentina in the exports of Chemical Products ($2.67M), Vegetable Products ($1.51M), and Plastics and Rubbers ($776k).

During 2017, Argentina had a large net trade with Guatemala in the exports of Transportation ($174M), Animal and Vegetable Bi-Products ($78.4M), and Chemical Products ($42M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guatemala Argentina+$2.27MPesticides
Top Product Potential Argentina Guatemala+$7.97MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Guatemala and Argentina. This means that a dot/product with the flag of Guatemala indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Guatemala.

Product Space of Guatemala (Flag) and Argentina (Flag) (2022)

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